Meadowbrook Insurance Group Earnings Preview
Meadowbrook Insurance Group (NYS: MIG) didn't hit the Street's expectations last quarter, but investors hope that it will rebound this quarter. The company will unveil its latest earnings on Monday, August 1. Meadowbrook Insurance Group offers a full range of insurance products and services, focused on niche and specialty program business.
What analysts say:
- Buy, sell, or hold?: Analysts strongly back Meadowbrook Insurance Group, with four of six rating it a buy and the remainder rating it a hold. Analysts like Meadowbrook Insurance Group better than competitor National Interstate overall. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
- Revenue Forecasts: On average, analysts predict $200 million in revenue this quarter. That would represent a rise of 8.9% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.17 per share. Estimates range from $0.14 to $0.24.
What our community says:
CAPS All Stars are solidly behind the stock, with 97.9% giving it an "outperform" rating. The community at large backs the All Stars, with 95.9% granting it a rating of "outperform." Fools are gung-ho about Meadowbrook Insurance Group, though the message boards have been quiet lately with only 40 posts in the past 30 days. Even with a robust four out of five stars, Meadowbrook Insurance Group's CAPS rating falls a little short of the community's upbeat outlook.
Meadowbrook Insurance Group's profit has risen year over year by an average of 8.1%.
For all our Meadowbrook Insurance Group-specific analysis, including earnings and beyond, add Meadowbrook Insurance Group to My Watchlist.
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At the time this article was published
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